Hatten Land proposes to acquire Metrocon capital
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Hatten Land Limited has proposed to acquire Metrocon Pte. Ltd. for $24 million. The acquisition involves issuing 5.571 billion new ordinary shares, representing 60% of Hatten Land's share capital. Metrocon's current issued and paid-up capital is $18 million. The acquisition is expected to be completed within 14 days of the agreement.
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Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
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